Monthly Market Update

Real Estate Review of Seattle, Tacoma and Gig Harbor for September 2022.

-Average Sales Prices went down again from the previous month. -Days on Market increased. Last May homes were only on the market an average of 5 days. Whereas in September, they averaged in the mid-twenties. -Average list to sold percentages actually went up from the previous month. Home sellers are still averaging 98-99% of asking price.

Buyers, it’s a great time to buy a home without multiple bidding wars. You don’t have to make a rushed decision and you are able to have home inspections and actually receive seller concessions.

Sellers, make sure your home is presented in the best light, ie. curb appeal, freshening up, updating, professional staging & photography. Need advice on getting your home ready for market? Let’s talk.

Tiffany Place, Real Estate Broker Morrison House Sotheby’s International Realty Gig Harbor & Tacoma, WA

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